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Hi there all. I thought i would ask the question as it relates to CGT, but i have heard that if you purchase a place of residency with the “intentions to live in it” and sell it within 6 years that the CGT can be avoided. I also heard that teh gain is passed on to the next residancy you purchase.
Can somone please let me know if this iis true?Thank you..
I have looked into DHA properties and yes i beleive the 16.5% management fee is too high.
Another note to mention about these properties is that the purchase price is infalted due to the fact of the guaranteed rent over 6, 9 or 12 years depending on the age of the property being purchased. Also the prices they are asking for are non negtiable from my investigations into them. However defence bases just wont dissapear and jobs are always being created for civillians, and in turn communities seem to flourish so probably not that bad as a safe option.
Again i beleive you can do better elsewhere.
